Tuesday, March 19, 2019 10:36:30 AM
https://hbe.ehawaii.gov/documents/business.html?fileNumber=296457D1
"What I see on your link is the registered agent: A company named "Corporation Service Company".
A quick look shows me they offer solutions for "bankruptcy remote entities" "or bankruptcy remote vehicle and set-up LLC's for this purpose.
See: https://www.cscglobal.com/global/web/csc/bankruptcy-remote-entities.html
Remember WMIH filed for being a cell captive structure? With the goal of becoming a Special Purpose Vehicle? Isn't that exactly the same as a Bankruptcy Remote Entity?
---->http://en.wikipedia.org/wiki/Bankruptcy_remote
"A bankruptcy remote company is a company within a corporate group whose bankruptcy has as little economic impact as possible on other entities within the group. A bankruptcy remote company is often a single-purpose entity."
----> http://en.wikipedia.org/wiki/Special_purpose_entity
A special purpose entity (SPE; or, in Europe and India, special purpose vehicle/SPV, or, in some cases in each EU jurisdiction – FVC financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives. SPEs are typically used by companies to isolate the firm from financial risk. They are also commonly used to hide debt (inflating profits), hide ownership, and obscure relationships between different entities which are in fact related to each other (see Enron)...
See the connection yet?
Recent COOP News
- Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference • Business Wire • 09/03/2024 09:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/30/2024 08:17:46 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/29/2024 08:24:31 PM
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- FLAGSTAR BANK, N.A. ANNOUNCES SALE OF ITS MORTGAGE SERVICING BUSINESS • PR Newswire (US) • 07/25/2024 11:00:00 AM
- Mr. Cooper Group Reports Second Quarter 2024 Results and Announces Acquisition of Mortgage Operations From Flagstar • Business Wire • 07/25/2024 11:00:00 AM
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